Justice A. M. Liman of the Federal High Court, Ikoyi, Lagos, has ordered the final forfeiture of N235,451,969 traced to the account of a convicted fraudster, Obinwanne Okeke, to the Federal Government of Nigeria.
Economic and Financial Crimes Commission (EFCC), Wilson Uwujaren, announced this in a statement on Thursday, December 3.
Okeke, who made it into Forbes Africa’s Under 30 List in 2016, was arrested in August 2019 by the FIB for $11 million fraud after an official account belonging to a steel company’s CEO was hacked.
On March 23, 2020, Justice Liman ordered the interim forfeiture of the money domiciled in First City Monument Bank (FCMB). This was sequel to an ex parte application dated December 18, 2019, by the Lagos Zonal Office of the EFCC.
The Judge ordered the EFCC to advertise the same in any national newspaper for anyone to show cause why the said money should not be finally forfeited to Nigeria.
After the publication of the order, the EFCC on June 2, 2020, filed a Motion on Notice seeking seizure. In court on November 12, 2020, EFCC counsel, I. Sulaiman, prayed for the confiscation.
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